Everything is expensive, only prices are low. The Russian market for sheet metal and welded pipes: March 13–20

The problem of non-payments is escalating on the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...
20 March 2025., 10:54   comment

Everything is Expensive, Only Prices are Low. The Russian Market for Sheet Metal and Welded Pipes: March 13–20

The problem of non-payments is escalating in the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...
20 March 2025., 10:27   comment

Minus thirty degrees in the Russian market of long products: 10th-17th of March

Meteorologists are predicting a rise in temperature but the market of rolled metal products for building purpose, quite opposite, is frozen. Some metal trading companies forecasting a decrease of demand for the rebar decrease of an apparent demand on 30 percents, compared to last year’s figures. Players on the market inform that the sales on January-February period were better than they were in March. At the same time, strangely enough, the spring revival is present, deals are done, just rarely ...
19 March 2025., 09:36   comment

The market has shifted towards the growth

Analytical service of Sales magazine Metal Supply and Sales keep on publishing a MCC-TM index (Temperature of the market). The value of index is defined by expert surveys on weekly basis. According to the expert assessments, The Russian steel market has undergone a qualitative change. For the first time since June last year, the total index exceeded 50 points, which separates the observed growth from the decline. A week ago, this level exceeded the expected index, which continued to rise. However, ...
18 March 2025., 12:08   comment